4594 Yale Rd Memphis, TN 38128-3724
Property Lookup
Property profile & analytics
4594 Yale Rd Memphis, TN 38128-3724
- Strip malls
- 7,166 SF
- 1.71 lot acres
Property ID
US80-1042201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 4594 Yale Rd
- Year built
- 1978
- Lot size
- 1.71 lot acres
- Property size
- 7,166 SF
- Zone code
- CMU-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 086-023- - -00020
- APU
- 8602300020
Description
This exceptional 11,000 square foot retail property, located at 4594 Yale Rd in Memphis, Tennessee, presents a compelling investment opportunity. Priced at $895,000 ($81.36/sq ft), this vacant space boasts a prime location within a thriving commercial area. Situated on a 1.71-acre lot, the property benefits from CMU-2 zoning and is ideally positioned in a densely populated residential neighborhood along a major thoroughfare. Its strategic location offers excellent visibility and accessibility, with high traffic counts on both Yale Road (17,024 AADT) and nearby Austin Peay Highway (37,648 AADT). The property enjoys a contiguous location with a new Starbucks and Tropical Smoothie Cafe, sharing access with other established national tenants including Chick-fil-A, Bojangles, Whataburger, Valvoline, and Glide Car Wash. Further enhancing its appeal, the property is directly across the street from a major grocery store and a minute away from the new Raleigh Town Center, which includes a public library, police precinct, and walking trails. This presents a unique chance to capitalize on the strong retail demographics and significant development activity in the area, including a nearby $56 million City of Memphis project. The property's size, location, and surrounding amenities make it an ideal site for a variety of QSR, restaurant, or retail uses.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $585,000
- ML approach
- $595,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $525,000 Current use
- MEDICAL BUILDING
- $1,025,000 Change: +95% Conversion: Difficult
- OFFICE BUILDING
- $855,000 Change: +62% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $695,000 Change: +32% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $635,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $595,000 Change: +13% Conversion: Easy
- COMMERCIAL (GENERAL)
- $435,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9101
- Latitude
- 35.2224
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,414
$66,640
$22,240
$88,880
-
$166,600
$55,600
$222,200
